I believe UJ was unable to form the right shoulder shape and trend breakout from the first resistance 180.919 which indicates trend doesn't want to go short for now! We got some space to collect pips within the space of bottom and above the resistance level. It will be great if only 180.919 act like a support and it will be more wonderful if our green rocket breaks out the 109.208 previous resistance which will be a chance to collect even more pips!
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Break out guys!
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Might be a false breakout but have to check it first so I set stop loss on 109.173. If it float and trade above the 190.208 I will be holding more but if it touches my stop loss I will think about closing the long and aim for short entry point!
Trade closed manually
StopLoss reached! Price declined and hitted my SL so long position auto closed! Potential SHORT!
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